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Marketing Aptitude Quiz 58

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Marketing Aptitude Quiz 58

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Marketing in a broader aspect can be defined as a transaction of exchange. Marketing primarily consists of activities designed to generate and facilitate exchanges intended to satisfy human organizational needs or wants. Marketing is broadly defined as advertising of a product or service to different market segments. The article Marketing Aptitude Quiz 58 provides Important Marketing Aptitude multiple choice questions with answers useful to the candidates preparing for Bank exams like IBPS PO, MT Exam, Dena Bank PO, Bank PO, Clerk, SBI, RBI etc.

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1. ________relief is available if the goods are adulterated and the manufacturer is still in practice of selling.
    A. To complete consumer education. B. To free choice of goods and service. C. To seek redressal whenever consumer rights have been infringed. D. Cease manufacturing of Hazardous Goods E. To be fully informed about the performance and quality of all goods and services.

2. _________ provides the consumer to approach the government and public bodies when decisions and policies are made, which can hamper consumer interests.
    A. Right to safety B. Right to consumer education C. Right to consumer protection Act D. Right to be heard E. Right to choose

3. A business must earn sufficient profit to ______ in the competitive world of Business.
    A. Survive B. Grow C. Stable D. Both 1 and 2 E. Both 1 and 3

4. ______provides a fair settlement of genuine grievances relating to the performance, grade, quality, etc. of goods and services.
    A. Right to safety B. Right to consumer education C. Right to consumer protection Act D. Right to choose E. Right to be heard

5. What is the concept purpose of the quoted line. “To separate ownership and management control of organizations and to make organizations more visibly accountable to wider range of stakeholders.”
    A. Business ethics B. Business malpractice C. Corporate Governance D. National Commission E. None of these

Answers
1. Answer - Option D
2. Answer - Option D
3. Answer - Option D
4. Answer - Option C
5. Answer - Option C
1. The consumer’s right to be informed about the true benefits of a product has led to specific proposals regarding
    A. Bulk price B. Unit price C. Maximum retail price D. Pure price E. None of these

2. __________ provides consumer associations, educational institutions and policy makers can play an important part.
    A. Right to safety B. Right to consumer education C. Right to choose D. Right to be heard E. None of these

3. Under _______ scheme any person can move to court of law in the interest of the society.
    A. Public Interest Litigation B. Private Interest Litigation C. Other Interest Litigation D. All of these E. None of these

4. The phase of social responsibility is discussed widely in the literature's of
    A. Sociology B. Psychology C. Anthropology D. Both 1 and 2 E. Both 1 and 3

5. Every business aims at growth that signifies increase in _________
    A. Market sale B. Wholesale C. Unit pricing D. Earning profit E. None of these

Answers
1. Answer - Option B
2. Answer - Option B
3. Answer - Option A
4. Answer - Option E
5. Answer - Option A
1. Growth brings higher profits and several powers in business. One power is economics than the other one is
    A. Consumer power B. Business power C. Social power D. Money power E. None of these

2. In case of aggrieved party is not satisfied, in how many days the party can appeal to the National Commission?
    A. 20 days B. 30 days C. 50 days D. 70 days E. 100 days

3. What is the concept of the quoted line?” The safety of the product is not such as persons generally are entitled to expect”.
    A. Regular product B. Famous product C. Defective product D. Specific product E. None of these

4. “More many chasing is not business” was stated by whom?
    A. H R Bowen B. John F Kennedy C. Henry Ford D. Stephen Morse E. Philip Kotler

5. What is the Full Form of PIL?
    A. Personal Interest Litigations B. Private Internal Litigations C. Private Interest Litigations D. Public Interest Litigations E. Personal Information Litigations

Answers
1. Answer - Option C
2. Answer - Option B
3. Answer - Option C
4. Answer - Option C
5. Answer - Option D

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